Bitcoin miner CleanSpark is growing its mining capacity in the United States with the purchase of 20,000 new Antminer S19j Pro+ units for $43.6 million. The acquisition is expected to boost the compan...
Tag: bitmain
Cleanspark Boosts Bitcoin Mining Capacity With Acquisition of 20,000 Bitmain Rigs – Mining Bitcoin News
Bitcoin mining operation Cleanspark has acquired 20,000 brand-new Bitmain mining rigs for $43.6 million, the company reported. Once installed, Cleanspark expects to increase its capacity by 37% by add...
CleanSpark buys 20,000 miners from Bitmain, bringing bear market tally to 46,500
Bitcoin miner CleanSpark bought 20,000 more mining machines, bringing the total count of its bear market spending-spree purchases to over 46,500. The company expects to pay $32.3 million for the...
Iris Energy Boosts Self-Mining Capacity With 4.4 EH/s of New Bitmain Bitcoin Mining Rigs – Mining Bitcoin News
Bitcoin miner, Iris Energy, announced plans to increase the company’s self-mining capacity, from 2 exahash per second (EH/s) to approximately 5.5 EH/s, after it receives 4.4 EH/s of new Antminer S19j ...
Celsius Seeks to Raise $14.4M Through Bitmain Coupons
Celsius has filed a proposal to liquidate Bitmain coupons and credits for $14.4 million as it risks hitting a liquidity wall. The liquidity trouble deepened for the crypto lender after the court order...
Motion to Sell $6 M Plus Bitmain Coupons Filed by Core Scientific
Not everything is going well for bitcoin mining firms; they all suffer from a trifecta of issues. Rising energy prices, increasing difficulty level, and decreasing BTC value. All these factors are res...
Core Scientific files motion to sell over $6M in Bitmain coupons
Bankrupt Bitcoin (BTC) mining firm, Core Scientific, filed an emergency motion on Jan. 25, seeking to sell Bitmain coupons worth $6.6 million, according to court records. As per the filing, some cond...
Core Scientific seeks to sell $6.6 million in Bitmain coupons
According to the records submitted with the court, on January 25 the defunct Bitcoin (BTC) mining business Core Scientific filed an emergency application in which they asked authorization to sell Bitm...
Insolvent Core Scientific Files Petition For Selling $6.6M Bitmain Coupons
15 mins ago | 2 mins read Bitcoin News According to the filing, the vouchers are essentially worthless to Core Scientific. Core Scientific said that it will not be purchasing any more S19 miners. As s...
Core Scientific Seeks Court Approval to Sell $6M Bitmain Coupons
Lark Davis tweeted the 2022 growth in the number of BTC and ETH holders. The number of ETH holders has risen more than 260% in 2022. The 9-weekly EMA is about to cross the 20-weekly EMA on both ETH’s ...
Core Scientific to sell $6.6m valued Bitmain coupons
On Jan. 28, Core Scientific (CORZ) filed a motion to sell $6.6m worth of Bitmain coupons to pay its debts. The now-bankrupt US-based Bitcoin miner has been in talks with Bitmain and two other prospect...
Ault Alliance’s Subsidiary BitNile, Inc. Has Received All 20,645 Bitcoin Miners from the First Five Contracts with Bitmain Technologies Limited
Company anticipates annualized revenue run rate from Bitcoin mining operations would increase from the current run rate of approximately $30 million to approximately $60 million from Bitcoin miners in...
Bitmain Founder-Backed Asset Manager to Delist Solana
The Solana ecosystem that was once heavily tied to Sam Bankman-Fried’s FTX has been badly wounded after the collapse. As debates accelerated over the prospects of Solana, its native token – SOL – has ...
Bitmain Antminer HS3 Sold Out In Half a Minute
Demand for Bitcoin mining hardware is still high, as evidenced by the latest Bitmain unit, which has sold out in seconds. On Dec. 21, Bitcoin mining hardware manufacturer Bitmain announced that its la...
Bitcoin Miner Terawulf Raises $10M in Fresh Capital to Pay Down Debt, Restructures Deal With Bitmain – Mining Bitcoin News
On Monday, Dec. 12, 2022, the Maryland-based bitcoin mining company Terawulf announced that the firm has raised $10 million in capital to pay down debts. The firm also said that it restructured a deal...
TeraWulf shares drop 32% amid purchase agreement with Bitmain
TeraWulf, a US-based green energy bitcoin (BTC) miner, raised $10 million in financing to repay debts and announced buying more mining rigs from Bitmain. Its shares reacted with a 32% drop. In a recen...
Bitmain-Backed Crypto Mining Company Among Creditors Of Sam Bankman-Fried’s FTX
Leo Lu, founder and CEO of Bitfufu. Bitfufu Singapore-based Bitfufu, backed by Chinese mining rig giant Bitmain, has filed claims for $11.7 million against crypto exchange FTX, which has revealed it o...
Publicly-Listed Bitcoin Miner Argo Blockchain’s Stock Gets Downgraded, Firm Offloads Close to 4,000 Bitmain Miners – Mining Bitcoin News
On Oct. 31, 2022, the publicly-listed bitcoin miner Argo Blockchain revealed the firm’s attempt to obtain $27 million in a scheduled financing deal fell through. According to the company’s October upd...
Bitmain is Offering Huge Discount on ANTMINER
Bitmain announced a huge discount on its algorithmic mining equipment, ANTMINER S19 Pro. The firm offers the special discounted price of only $19/T or $1,900 per unit. ANTMINER S19 Pro Bitmain Technol...
Bitmain Signs a Purchase Order With CTCAP Group for a Modern Mining Facility in Iceland – crypto.news
Bitmain, a leading manufacturer of cryptocurrency mining servers, has unveiled a signed purchase today to acquire a new mining facility in Iceland. The acquisition has been signed in conjunction with ...
Bitmain Drop Mining rig Prices due to Bearish Market and High energy cost
Bitmain dropped rates of Mining rigs because of the volatile crypto market. Bitmain did not disclose the original prices of rigs before the discounted price. Bitmain crypto mining rig manu...
World’s Largest ASIC Producer Bitmain Slashes Antminer Bitcoin Mining Rig Prices – Mining Bitcoin News
The world’s largest producer of application-specific integrated circuit (ASIC) bitcoin miners, Bitmain Technologies, has revealed the company is offering a discount on Antminer S19 Pro mining rigs. Th...
Cryptocurrency Investment Platform HASHFROG Partnered With BITMAIN and ANTPOOL to Enter the KDA Ecosystem – Press release Bitcoin News
press release PRESS RELEASE. In recent years, the cryptocurrency market has been exceedingly prosperous, with a series of cryptocurrency projects emerging, bringing rich investment opportunities and m...
Cryptocurrency Investment Platform HASHFROG Partnered With BITMAIN and ANTPOOL to Enter the KDA Ecosystem – Coinotizia
press release PRESS RELEASE. In recent years, the cryptocurrency market has been exceedingly prosperous, with a series of cryptocurrency projects emerging, bringing rich investment opportunities and m...
Bitcoin Mining Firm Cleanspark Purchases 10,000 Bitmain Miners for $28 Million – Mining Bitcoin News
The bitcoin mining company Cleanspark revealed on Wednesday that the company has signed a purchase agreement for 10,000 new Bitmain Antminer S19j Pro mining rigs for $28 million. Cleanspark expects th...
‘All systems go’ For Gevorkyan’s Class Action To Proceed Against Bitmain – California Court
The case is styled as ‘Gevorkyan v. Bitmain,’ with case number #18-cv-07004-JD Bitmain did not dispute any evidence Bitmain’s ASIC sales in California are sufficient to support an assertion of jurisdi...
Bitmain Partner Antalpha Unveils Lending Products for Miners
The firm has about $700 million of client’s assets on its balance sheet and doesn’t leverage its internal assets, Liao said. The company believes it is in a good position to evaluate miner...
BITMAIN to Host World Digital Mining Summit 2022 in Miami on July 26
BITMAIN, the world’s leading manufacturer of digital currency mining servers through its brand ANTMINER is hosting World Digital Mining Summit 2022 on July 26 in Miami, Florida, USA, at the Mandarin O...
Bitmain Launches 2,400 Megahash E9 Ethereum Miner Ahead of The Merge – Mining Bitcoin News
On July 6, the crypto mining rig manufacturer Bitmain announced the launch of the highly anticipated Antminer E9 after revealing the device on April 15, 2021. The machine boasts speeds of up to 2.4 gi...
Bitmain, Largest Mining Server Records Revenue Valuation of $8-9 Billion
2 hours ago | 2 mins read Bitcoin News Largest mining server Bitmain made revenue of $8-9 billion. Despite the ban of cryptocurrencies in their country, Bitmain succeeded. Whatsminer, a competitor, al...
Isn’t it strange that Bitmain started selling new ETH mining rigs, despite the upcoming merge?
The merge would shift Ethereum network from Proof-of-work to proof-of-stakes, but Bitmain is still upto selling ETH ASIC. Cryptocurrencies like Bitcoin (BTC), Ethereum (ETH) and others need to get mi...
Bitcoin Mining Giant Bitmain Closed 2021 With An $8-9 Billion Revenue
Bitmain, the world’s leading manufacturer of digital currency mining servers, is reported to have closed 2021 with a revenue valuation of $8-9 billion as demand for mining equipment surged in the past...